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Remember when all the conservatives here went ballistic that Obama was not reducing the deficit fast enough after the biggest economic collapse in decades? Remember that?
Looks like Trump and the GOP are proving once again that the Democrats here were right. When in power the GOP spends like drunken sailors, and don't care about debt. Remember, every year pretty much Democrats lowered the deficit.
The White House is staying mum ahead of President Trump’s announcement of his much-anticipated tax plan Wednesday, but top congressional Republicans sounded open Tuesday to big cuts even if they add trillions to the deficit.
Lets hope he meant debt, not deficit.
And cutting taxes to drive Growth? One word. Kansas.
So once again after this mess is over the Democrats will probably once again be expected to clean up after this, and like a drunken party goer the GOP will complain they arent fixing it fast enough.
Good news for the swamp though, massive profit increases, while government debt piles sky high to pay for it. But good news, the swamp makes money off that debt too.
Seriously, economics says now is the time to pay down the debt so if another recession hits we can spend out of it.
Remember when all the conservatives here went ballistic that Obama was not reducing the deficit fast enough after the biggest economic collapse in decades? Remember that?
Looks like Trump and the GOP are proving once again that the Democrats here were right. When in power the GOP spends like drunken sailors, and don't care about debt. Remember, every year pretty much Democrats lowered the deficit.
And cutting taxes to drive Growth? One word. Kansas.
So once again after this mess is over the Democrats will probably once again be expected to clean up after this, and like a drunken party goer the GOP will complain they arent fixing it fast enough.
Good news for the swamp though, massive profit increases, while government debt piles sky high to pay for it. But good news, the swamp makes money off that debt too.
Seriously, economics says now is the time to pay down the debt so if another recession hits we can spend out of it.
Lol. Try taking a look at other countries that don't punish companies with outrageous tax rates....doing MUCH better than we are here.
Lol. Try taking a look at other countries that don't punish companies with outrageous tax rates....doing MUCH better than we are here.
Try taking a look at actual EFFECTIVE tax rates. And given where our debt is, we need to pay it down before we hit another recession. I've criticized Obama for not doing that near the end of his administration.
Massive numbers of people who voted Trump also have criticized the debt. Im interested how they square up the hypocrisy.
You've only commented a few times on it, I could call you out for some of it, but its pretty mild. But a TON of people went all in bonzos about the debt. and yet....here we are with their guys in charge doing EXACTLY what Democrats said they would here on this board.
Lowering the corporate tax rate is a great way to keep companies here, and bring some back to the US, where they can be taxed, and hire Americans.
Seems very logical.
Again, Kansas.
Its not the taxes, its the cost of living and labor. They will simply play games with corporate inversions.
Obama passed some rules to make inversions harder....its one of the first things the Goldman Sachs groups in Trumps campaign are looking to get rid of:
Try taking a look at actual EFFECTIVE tax rates. And given where our debt is, we need to pay it down before we hit another recession. I've criticized Obama for not doing that near the end of his administration.
Massive numbers of people who voted Trump also have criticized the debt. Im interested how they square up the hypocrisy.
You've only commented a few times on it, I could call you out for some of it, but its pretty mild. But a TON of people went all in bonzos about the debt. and yet....here we are with their guys in charge doing EXACTLY what Democrats said they would here on this board.
Who to believe. Man that's run a billion dollar business empire or political hacks.....hmmmmm.
Its not the taxes, its the cost of living and labor. They will simply play games with corporate inversions.
Obama passed some rules to make inversions harder....its one of the first things the Goldman Sachs groups in Trumps campaign are looking to get rid of:
If it doesn't generate additional tax revenue, it can always be changed.
One thing is for sure, if you have more regulations, higher labor, and taxes costs, companies will continue to operate overseas, and not here.
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